Episode 34
This week’s episode of Mostly Money, Mostly Canadian is now available on iTunes (You have to click through to “view in iTunes”). You can also just use the embedded player or MP3 download down below to listen to it right away (you must be on this website to see it).
This week:
-
I recently sat down with Adam Butler, Mike Philbrick, and Rodrigo Gordillo from Richardson GMP to learn more about their approach to risk management. Risk management is a pretty ubiquitous term in the financial services, but this team really drives deep with their research and application of it in their practice.
- You can read more of their thoughts on their site: GestaltU.com.
Ratings on iTunes are appreciated :)
If you enjoy the podcast, please use the iTunes link to give it a rating (or even a review) if you have an iTunes account. Your reviews help get the podcast get noticed, which helps to attract high profile guests.
Tweeps can follow me at @preetbanerjee. (I’m much more active there than on this blog – for now.)
Higher numerical trades with low yields or one trade with a higher yield? Although the one trade may go south resulting in a the loss of a “grub stake”, kinda like not putting all your eggs in one basket, but what is a sensible amount of trades and risk to reward say with a $2500.00 investment?
Far too few investors listen to research-based advice like these guys offer. Solid investing has nothing to do with most of what you see daily in the financial media (e.g. top stock picks for 2014). To succeed as an investor or trader as I am, you must have testable rules for entry, exit and position size. Investing is not as exciting as the media would like you to believe it is and that is a problem for many.